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Tipton & Coseley increases mortgage lending by 45%

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  • 28/01/2019
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Tipton & Coseley increases mortgage lending by 45%
Tipton and Coseley Building Society achieved its best ever mortgage lending figures in 2018, after increasing volumes by 45% year on year.

 

The society invested in business development of broker and direct customer sales, and hit £84m of lending.

Key appointments last year for Tipton included Cammy Amaira as director of sales and marketing (pictured), and Paul Sawford as business development manager (BDM) for London and the South East England region.

The lender said further BDM appointments are planned for 2019.

Tipton offers a 100% mortgage product for first-time buyers, as well as a retirement interest-only mortgage and a product for holiday homes, which allows short-term letting via Airbnb.

The lender will also consider retirement properties too.

Richard Newton, Tipton chief executive, said: “Our 2018 lending results demonstrate our strategy of developing new products alongside investment in our people has delivered and are a testament to the hard work and dedication of our whole team here at the Tipton.

“We are focused on enabling people to own their home at all stages of life and during 2018 our increase in lending has been supported by us launching new mortgage products which have been designed to meet the needs of customers at different stages of their life.”

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